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. the president looks seriously he is not. he ignores what he said seven years ago. senator obama said this it took 42 president's 224 years to run up $1 trillion of foreign debt to but this administration did that in five years. he was right. but no obama's administration ran up another $6 trillion. how was that possible? barack obama at believed this. >> barack obama has a debt problem into increase the debt limit. >> but president demands congress raise the debt limit without condition. i want the old obama back. then to one scares the heck out of me. by a fear he will bankrupt the country. we will be back next week. [applause] nearly a dozen of those weapons on display at the news conference, including the so-called assault weapon used by the newtown, connecticut, shooter, atlanta. the senators placed the blame not on that young man with serious mental illness was left untreated, but rather on gun laws. >> weaken gun laws allow these mass killings to be carried out again and again. weapons designed originally for the military to kill large numbers of people are replicated for civil
: president obama, sworn in yesterday, promising to change the tax code, immigration laws, and act on climate change. good morning, everyone. we will spend the first part of this morning's "washington journal" on yesterday's inaugural address. for democrats, 202-585-3880. for republicans, 202-585-3881. for independents, 202-585-3882. also, send us a tweet, twitter.com/c-spanwj. post your comments on facebook, or you can e-mail us. journal@c-span.org. let me begin this morning, this is "the wall street journal," had line. "obama vows aggressive agenda." "he is looking beyond the fiscal battle set to dominate the coming weeks." and then a side story, an analysis. "the president is set to fight over a new to do list." "the inauguration was not only grayer, he sounded less like a man ready for lofty flights and more ready for ground battles." and then here is "the washington post," this morning. there had lyme, "we must act." -- there had line, "we must act -- their headline, "we must act." "the new york times," this morning, "a limitless vision." "speech gives quiet goals center stage." "our jou
will obviously be a perpetual campaign by president obama in his second term goes on tonight it started with a perpetual attack on our second amendment rights. senator dianne feinstein kicking off this morning, rolling out new legislation and they would ban nearly 160 assault rifles and semi automatic weapons and magazines holding more than 10 rounds. nearly a dozen of those weapons on display at the news conference, including the so-called assault weapon used by the newtown, connecticut, shooter, atlanta. the senators placed the blame not on that young man with serious mental illness was left untreated, but rather on gun laws. >> weaken gun laws allow these mass killings to be carried out again and again. weapons designed originally for the military to kill large numbers of people are replicated for civil unions. lou: after four days of non-relativity from the president dispatched his vice president for a not so successful joe biden fireside chat made famous by fdr. not so successful because vice president biden undercut it with his own call for shotguns and more modest magazines. >> a
on "the war room"." we have a progressive from a red state. he'll guide us how president obama's agenda can actually become law. plus dick cheney opens up just in time for the sundance film festival. you'll want to hear him answer with what he thinks his biggest flaw is. wow, i want to. this is "the war room." we'll be right back. >> i think it's brilliant. (vo) first, news and analysis with a washington perspective from an emmy winning insider. >> i know this stuff, and i love it. (vo) followed by humor and politics with a west coast edge. bill press and stephanie miller. >> what a way to start the day. [ ♪ music ♪ ] >> michael: when it comes to explaining what jerrymandering is, a picture is worth a thousand words. or put it another way a carefully drawn map is worth congressional seats. essentially ensuring the g.o.p. retained control of the house. take a look, even in states like ohio and pennsylvania which went for president obama the republicans overwhelmingly retained their house seats. sick and tired of the congressional gridlock steve cohen of memphis introduced a bill this
a progressive from a red state. he'll guide us how president obama's agenda can actually become law. plus dick cheney opens up just in time for the sundance film festival. you'll want to hear him answer with what he thinks his biggest flflflflflflflflflflflflflflflflflflflflflflflflflflflflfl i think the number one thing that viewers like about the young turks is that we're honest. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ ♪ music ♪ ] >> michael: when it comes to explaining what jerrymandering is, a picture is worth a thousand words. or put it another way a carefully drawn map is worth congressional seats. essentially ensuring the g.o.p. retained control of the house. take a look, even in states like ohio and pennsylvania which went for president obama the republicans overwhelmingly retained their house seats. sick and tired of the congressional gridlock steve cohen of memphis introduced a bill this week which would require states to use independent redistricting commissions in drawing
were we? >> reporter: we were here, just about to start again. >> i, barack hussein obama, do solemnly swear. >> those who say that we're in a time when there are no heroes, they just don't know where to look. >> our challenges are great, but our will is greater. >> there is nothing wrong with america that cannot be cured by what is right with america. >> the united states will not ignore your oppression or excuse your oppressors. >> all are equal. all are free, and all deserve a chance to pursue their full measure of happiness. >>> the presidential inauguration is getting under way right here on the capitol, and we have a front row seat. >> here on the national mall, people are staking out their spot to experience this moment in history. >> the sun rises on barack obama's second term. >> we gather because we have chosen hope over fear. unity over purpose. >> on this day, a public celebration of the presidency after a private oath the day before. >> so help you god? >> so help me god. >> on this capitol where so many battles have been fought and will be fought, political rivalries are
, president obama's second term, can he keep his promises to america on guns after another school shooting today? >> our journey is not complete until all our children from the streets of detroit to the hills of appalachia to the quiet lanes of newtown know that they're cared for and cherished and always safe from harm. >> the economy. >> an economic recovery has begun. america's possibilities are limitless. >> social issues. >> our journey is not complete until our gay brothers and sisters are treated like anyone else under the law. >> tonight an unprecedented gathering on business, politics on both sides of the gun debate. dan rather, mark cuban, grover norquist, a texas gun owner who survived a mass shooting and a couple who stopped a thief with a gun of their own. how would you grade the president for his first four years and what da you want to see in the next four? this is "piers morgan tonight." [ applause ] good evening. our town hall is going in a few minutes but we begin with breaking news on another school shooting. this texas three were wounded and two in custody after a shoot-
reform as president obama heads to las vegas to talk about the issue. before leaving, the president about itsestions foreign policy record alongside his secretary of state hillary clinton. that's where we begin this morning with you. we want to hear your thoughts on the role of the u.s. on the world stage. give us a call this morning on the democratic line, the republican line, and the independent. 585-u're outside the u.s., 3883. you can reach us on facebook or twitter or e-mail. good monday morning to you. we want to start with the interview with president obama and secretary of state hillary clinton from last night that appeared on "60 minutes." here's how it played in a couple papers from around the country. here's the new york times headline -- and the culpeper star has -- i want to read you from the story that was in the hill newspaper this morning, the congressional newspaper here in washington. what we want to do now is take you to a clip from last night of that interview. here is president obama. [video clip] >> we helped to put together and lay the groundwork for liberating liby
will be heading out to washington as the capital prepares for the inauguration of president barack obama. but will he spend the next four years at the mercy of republicans? we'll explore that. plus, we'll assess if israel could be medicining for a right coalition as benjamin netanyahu says he is prepared to work with the naturalist home. and we'll take a look at travel chaos across the continent as snow and freezing conditions cause plenty of disruption in the air and on the road. now, germany's social democrats are celebrating a stunning victory in lower saxony secured with the victory of just one seat. support for angela merkel's christian democrats fell by 657 percentage points, but the chance ler herself continues to ride high on opinion polls. for more on what all of this means, silvia wadhwa is here to join us on set. good morning to you. i guess, is this -- this is being presented as a blow to angela merkel or at least to her party. but given there's just a one-seat differential in the outcome, is that too strong? >> yes, it is. i think that there are two trends here. one trend is
>> i, barack hussein obama, do solemnly swear -- >> this week, the sec inauguration of barack obama. >> we reject that america must choose between caring for the generation that built this country and investing in a generation that will build its future. >> where does he go from here? th benghazi hearings. hillary clinton on the carpet. >> had i been present at the time, i would have excuse you from your post. >> it is our job to figure out what happened and do everything we can to prevent it from ever happening again, senator. >> lifting the ban on women in combat. >> i think america's daughters are just as capable as defending freedom as their sons are. >> you do not want to miss with mary jo. mary joe does not intimidate easily. >> the second obama administration began with an 19- minute 2114-word address that senate minority leader mitch mcconnell described as an unabashedly left-of-center speech that broughback memoriesf the democratic party of ages past. >> our journey is not complete until we find a better way to welcome the immigrants who still see america as a land of oppor
inauguration of barack obama. >> jim angle there on the west side of the capitol. megyn: let's just listen to what is going on. ♪ [music playing] [applause] megyn: i was out on the mall four years ago when all of our presidents were there, including george h.w. bush and george w. bush and i can tell you firsthand that there were several boos in the audience not just for george w. bush, and h.w. bush, but for barbara bush and lawyer a bush. i don't know if we are at less of a divide. president obama will set the tone today. that may be a foreshadowing of things to come as he goes into his second term and they remain at loggerheads. joining us throughout the day brit hume and chris wallace are with us here on the set. let me ask you about that. it was an unfortunate event, the because, i can tell you i heard them and they were loud and it was an unfortunate moment. are we in less of a partisan moment now. >> i don't think so. it goes to one of two pieces of clearly unfish eurbd business frounfinished business, to sue night the count kraoe which has not occurred. we are more divided
address. mr. obama's worst term a lot of evidence of the peril to the planet. record-breaking heat waves, forest fires, disappearing polar ice in a court with the prediction of the climate scientists. the effects were happening faster and more severely than predicted. you do not have to believe the scientists while reasserting american global energy leadership. even balancing the budget will be easier with this initiative. congress and the administration should begin conversation about a broad-based carbon tax. this would give the right signals on energy sources and use. it could raise money to reduce the deficit, restore our infrastructure, speed and finance conservation. there are a number of other commonsense steps that would make progress on carbon pollution and energy conservation goals more significant. the epa should stop dragging its feet permitting old coal plants to continue to spew forth toxic waste, harming the environment and the health of our citizens. it is past time the clean air act reinforced. make sure there are proper safeguards for the cracking technology. make sure
and lawyer a bush. i don't know if we are at less of a divide. president obama will set the tone today. that may be a foreshadowing of things to come as he goes into his second term and they remain at loggerheads. joining us throughout the day brit hume and chris wallace are with us here on the set. let me ask you about that. it was an unfortunate event, the because, i can tell you i heard them and they were loud and it was an unfortunate moment. are we in less of a partisan moment now. >> i don't think so. it goes to one of two pieces of clearly unfish eurbd business frounfinished business, to sue night the count kraoe which has not occurred. we are more divided than before. and get the economy on a surround recovery to get out of a recession that we've had. the pieces of business hangover the president. he has proven that you can get reelected in a weak economy, which a lot of people, myself included thought would be more tkeufpbt it turned out t difficult it turned out to be. it was a narrow election. he has that ahead of him. not to mention the things that haunt a second term
to president obama as the marines carried those flag-draped caskets off the plane at andrews. . . i put my arms around the mothers and fathers. did we really learn anything new about the death of four brave americans? that's what continues to trouble me. the "kudlow report" begins right now. >>> all right, inside this bullish stock market, two major earnings reports after the bell tonight. first, netflix hugely surprised on the upside sending the stock soaring. and then apple profits beat, but revenues came in light and so did guidance leading to a 10% or $52 drop in the stock. wow. the extended stock market rally continued today. take a look at the gains on the major averages year-to-date. dow up 5.2% already. s&p up 4.8%. i have to believe this massive 16-month stock market rally. it goes all the way back to the fall of 2011. . . along with the u.s. energy revolution, aring if to help us this year on the economy. let's bring in our ace investors, david goldman, former head of income grout at bank of america and michael farr, author of "restoring our american dream, the best investment. abigai
obama campaigned on hope and change. but washington and the nation is more polarized. take a look at the numbers. a new fox news poll shows 84% of democrats approve of president obama's job performance, but just 11% of republicans say he's doing a good job. that's a 73-point gap, tied with one other president, george w. bush. another poll shows since president obama was re-elected, just a third of voters think he has been more bipartisan. but the majority, 55% say he's been more confrontational. does this mean nothing can really get done that's meaningful in washington to solve our nation's national debt and help the economy? we have a former white house political director under president george w. bush and a former chief of staff to west virginia senator joe mansion. >> great to be here. >> eric: matt, let me start with you. how do we get here? >> well, you know, i think about the president i served, george w. bush. when he came to office, he really was concerned about trying to if i understand a way to reach across the aisle because clearly bill clinton left the presidency with
a slow. [laughter] .. >> i've had the privilege to work on a close basis with president obama. i watched him, the most difficult challenges that a person could face. i watched him do this with brilliance, with patience, and with courage, wisdom, and kindness. for which i have learned a great deal. so, mr. president, i toast and pray for you, your wonderful family, and our great country. four more successful years, barack obama. [inaudible conversations] >> michelle and the speaker of the house came to a meeting of the minds that i may be delaying the proceedings too much. i'm just going to be extraordinarily brief and say thank you. to my vice president, who has not only been an extraordinary partner, but an extraordinary friend, and to dr. joe biden who has partnered with my wife with an extraordinary generosity on behalf of our men and women in uniform, to the entire cab innocent that's here, i'm grateful to you. some of you are staying, and some of you are leaving, but i know the extraordinary sacrifices that you and my team have made to try to advance the cause of progress in this co
. they want him to take the lead when it comes to reform. >> you heard president obama yesterday. i dare say he does not want spending caughts and i dare say he would be happy to see in reverses in government spending. so that does not jive with what the house is doing. >> that is a fair point. some critics say inside of the house conference there is a real fight. they want to take these bold stances on the ten year balanced budget so they can get some leverage to fund the government when it comes up for a vote in a couple of week. >> no, i think they are doing the lord's work. thank you very much. we have a couple of special guests to tell us more. democrat from vermont, shawn duffy, republican from wisconsin. to both of you gentlemen friends of this show i wish you a happy new year. mr. boehner attached a bublg et to this. >> there are no specific cuts. where in medicare or the pentagon are they going to cut? they have to specify that before you can have a serious conversation. i don't think members of congress should be playing with fiscal fire which is what we are doing when we use a tac
. mary joe does not intimidate easily. >> the second obama administration began with an 19- minute 2114-word address that senate minority leader mitch mcconnell described as an unabashedly left-of-center speech that brought back memories of the democratic party of ages past. >> our journey is not complete until we find a better way to welcome the immigrants who still see america as a land of opportunity, until bright young students and engineers are lifted in our work force rather than expelled in our country. . our journey is not complete until all our children, from the streets of detroit to the hills of appalachia to the lanes of the town know that they are cared for. and cherished. and always safe from harm. >> immigration and gun-control. at his comments on the need to preserve medicare, medicaid, and social security, and you have a good picture of where you want to take the country. how would you grade the president's speech a to f? >> i thought it was a lot better than the first speech. the crowd had a blast. it was a speech that does represent his overall view of governing. >> c
technology, we think it can. weyerhaeuser. growing ideas. >> i, barack hussein obama, do solemnly swear -- >> this week, the second inauguration of president barack obama. >> we reject the belief that america must choose between caring for the generation that built this country and investing in a generation that will build its future. >> where does he go from here? >> the benghazi hearings. hillary clinton on the carpet. >> had been president at the time, i would have excuse you from your post. standing >> her ground. >> it is our job to figure out what happened and do everything we can from letting it happen again. >> america's daughters are just as capable of defending freedom as its sons are. >> look who is coming to town of. >> you do not want to mess with mary jo. as one former chairman said, mary joe does not intimidate easily. >> the second obama administration began with a 19- minute 2114-word address that senate minority leader mitch mcconnell described as an unabashedly left-of-center speech that brought back memories of the democratic party of ages past. >> our journey is not
. >> our special guest, susan o z eisenhower taking on the web ad about the obama daughters. >>> and surprise, even bo obama gets into the act as the first family greets unsuspecting tourists at the white house. with, in fact, a fist bump from the commander in chief. >>> and good day, i'm andrea mitchell live in washington. a busy day here, secretary clinton final facing tough questions from senate republicans about benghazi. >> i'm glad that you're accepting responsibility. i think that ultimately with your leaving you accept the culpability for the worst tragedy since 9/11, and i really mean that. had i been president at the time and i found that you did not read the cables from benghazi, you did not read the cables from ambassador stevens, i would have relieved you from your post. >> well, joining me now for our daily fix, chris cillizza, msnbc contributor and nbc's capitol hill correspondent kelly o'donnell, and david sanger. welcome, all. chris, we've seen these kinds of dramas before. this one was pretty tough. of course, the house side yet to come. how is hillary clin
there with obama care. this is a time to be very honest with the american people just to say this is where we are. these are the facts. and help us work this thing to a solution and i have to tell you, i certainly hope that we do. >> congressman blackburn, thank you for being here. >> thank you. >>> the interview that's all the talk of the political world. not the one we had but the one of last night and what did the odd man out think about it? it's monday, january 28th. i'm phyllis and i have diabetic nerve pain. when i first felt the diabetic nerve pain, of course i had no idea what it was. i felt like my feet were going to sleep. it progressed from there to burning like i was walking on hot coals to like a thousand bees that were just stinging my feet. i have a great relationship with my doctor. he found lyrica for me. [ female announcer ] it's known that diabetes damages nerves. lyrica is fda approved to treat diabetic nerve pain. lyrica is not for everyone. it may cause serious allergic reactions or suicidal thoughts or actions. tell your
carry and michael beschloss. >> i think part of what obama has to do in history is one line in the chart is the decline in household income. median household income. it's been falling for 12 years, the american dream a phrase going into the 1930's is in genuine peril, i'm not being yogi bear saying we're at the fork in the road and we should take the fork. it's a fact and the opportunity is going away. there may be a good business cycle coming but we know the long term trend here is heading in the wrong direction. >> rose: james taylor and presidential his historians and journalists when we continue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: james taylor's one of the most recognized voices in american music. the five-time grammy award winner sold close to 100 million albums. he's equally celebrated for his guitar playing, his lyrics and his distinct baritone voice. in 2011 taylor was awarded national medal of arts from the whitehouse and highest arne for artistic achievement. yesterday he performed preside
>>> reaching across the aisle. u.s. president barack obama called for unity as he embarks on his second term. barack obama avoided the words "democrat" and "republican." but he's made it clear he wants americans of different political stripes to work together. he laid out his vision for his next four years in his second inaugural address. obama was sworn in in public, something he had done in private the day before. former president, state governors and members of congress braved the cold alongside him. >> i, barack hussein obama, do solemnly swear. >> that i will faithfully execute. >> that i will faithfully execute. >> the office of the president of the united states. >> obama described his priorities for his second term from the domestic economy and diplomacy to climate change. he talked about values and principles common to all americans. he said prosperity must rest on the shoulders of the rising middle class. >> no single person can train all the math and science teachers we'll need to equip our children for the future. or build the roads and networks and research labs that
president obama first asked me to do this job we had a lot of work ahead of us. we were facing the greatest economic crisis in over a generation and our infrastructure was in desperate need of repair but president obama had a vision. a vision of an america built to last. over the last four years we have made unprecedented investments in our nation's transportation system. i have personally visited over 200 cities in america. meeting with local leaders and delivering on what they have told us they needed. we've put people to work on our roads, on our bridges, on our rails in communities big and small. i have visited every state and 15 countries. and i think as a result of the work that we've done that our team has done, with many of you in this room as partners, we have made it easier to ride a bike, hop on a train, or catch a bus. in fact i'm thrilled to tell you about our new streamlined approach for the new starts competitive grant program. in 2010 we made a commitment and a promise to change the way we rated and evaluated capital transit projects so that more good ideas could get into th
works we wouldn't need a suck sidies. 90 billion under president obama. that is flushed down the drain and you are again picking winners and losers. it just so happens, that the best energy carbob nuclear hydrocarbon and the green lobby oppose and vote against it is it a anti-man position. we use fossil fuels to better our lives and give us food and transportation and makes the modern world possible. to be against that is against the man's well being on earth. >> is there any proof that green initiatives have worked? >> apparently not. if you look down the list. everybody picks out solyndra. there is about 20 others that went up side down and in the toilet and a waste of the taxpayer money. it is outrageous thing that goes on the basic fundmental flaw that people in the federal government know more than we do . they know more than everybody else and they can pick the winners that. is a huge enormous lie that is perpetuated on the american people and happens and are occurs that we in the federal government know more than you and we can coerce you to put up your money in our choice. >> l
rothman. president obama begins his second term at the white house facing up packed agenda and divided congress. lou dobbs and the first four years and looks ahead to critical, the critical second term agenda. melissa: if you thought washington satisfied its search to tax breaks it -- rich, think again. senate democrats reportedly want even more knew taxes. lori: breaking details out of algeria after the bloody for a hostage situation at the gas plant. hopes fading for survivors. the grim toll and the unanswered questions that. president obama making his career just a couple of moments ago that he is ready to do battle on the economy and that, but not at the expense of social security, medicare, and medicaid >> we, the people, still believe that every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. lori: the president g
that looks better than you might think. and then on the political front, president obama's recess appointment to the nlrb declared unconstitutional. and louisiana governor bobby jindal calls republicans the stupid party. how about that? and then there is an unconfirmed scandal. i say unconfirmed. did senator bob menendez sleep with underaged dominican prostitutes? this is "the kudlow report" and we begin right now. >> all right. first up, our most optimistic story tonight, stock continue their bull run, the s&p 500 and dow closing in on their all-time highs from october 2007. brian shactman joins us now with all the details. good evening, brian and good work today. >> you touched on the s&p details having its best streak in terms of winning streaks days in a row in eight years but how about the dow. we're now 105 points shy of 14,000. eight components hit new highs today. beyond the five on your screen, utx, pfizer and p & g also doing it. now, speaking of history, historically life is good, larry, as you well know when the dow transports show leadership, up another 3% for the week. apple use
interview on cbs's "60 minutes," president obama sat alongside his departing secretary of state, hillary clinton, a one-time political rival who he now describes as one of his close advisors. she says she won't have a run in 2016. neither obama nor clinton were eager to look that far ahead. >> what's the -- i have to ask you, what's the date of the expiration on this endorsement. >> steve, i know -- >> i have to ask that question. i mean, come on. you're sitting here together. everybody in town is talking about it already and the interview -- and this is taking place. >> you know, steve, i've got to tell you, you guys in the press are incore ridgeable. i was literally inaugurated four days ago and you're talking about elections four years from now. >> and i am, as you know, steve, i'm still in politics and i'm forbidden from hearing these. >> if she wants this job, it will be interesting. on foreign policy, president obama defending himself from critics who say the u.s. has not been aggressive enough in using american power abroad. >>> well, moammar gadhafi probably does not agree with t
-style push to get those stiff gun measures passed, that you just talked about. the obama administration has sort of taken this tactic in the past, during the payroll tax cut fight, during the student loan fight, really circumventing congress and trying to build a ground swell of support among the people, to pressure congress to get what it wants to get done passed. so in this case, that is the stiffer gun law. so you're going to see vice president biden out today, holding that roundtable, talking about gun legislation. he'll be joined by his cabinet secretaries as well as a democratic senator, tim kaine, to really try to talk to the people about why he thinks this for gun legislation is a good idea. but, of course, as you just mapped out, there is a lot of opposition to this, particularly in states like virginia. so they're hoping to get moderates on their side, so that when this really does go to a fight, they will have the votes in the end. senior administration officials tell me, privately, they think that there is a lot of support for universal background checks and for limiting high-ca
>>> reaching across the aisle, barack obama calls for unity as he embarks on his second term. he avoided the words democrat and republicans. he made it clear he wants the political stripes to work together. obama was sworn in in public, something he had done in private the day before. former president, state governors and members of congress braved the cold alongside him. >> i barack hussein obama faithfully swear. that will i will execute the president of office of united states. >> obama described his priori priorities for the second term. he said prosperity must rest on the shoulders of a rising middle class. >> no single person can give our children what they need for the future or build the roads and research labs that will bring new jobs and businesses to our shores. we must do these things as one nation and one people. >> obama begins his term with several battles looming. he's try to work with the republicans to revamp laws and avoid defaulting on the national debt. ♪ and the rockets red glare ♪ the bombs bursting in air >> pop star beyonce sang the national anthem. h
damaging to american interests. as a candidate that can take us in it not president obama thing seemed to really understand appeared to type about it creatively during the campaign. he pledged about two notches withdraw american troops from iraq, the change would be called the american mindset that gotten us into the strategic to go invading iraq in place. he pledged to really change america's middle east policy. instead, the obama administration has pursued the same so supposes that is predecessors, the same that inflicts damage to america's strategic position. it covers out, the obama administration today is not just presiding over his called middle east peace process. the very demise of the nice features solution to the israeli-palestinian conflict. of the obama administration intervention in libya was able to overthrow moammar gadhafi, if not incubating in libya at a significant threat to american security interests. as we detail in our book, "going to tehran," the obama administration has gone beyond and threatening the islamic republic to do something which argued even more dange
became treasury secretary as president obama was sworn into office the first time. finance professor dale rosenthal says government- directed taxpayer bailouts helped stabilize the economy. "instead of a big drop, we saw a softer landing but a longer recovery." under secretary geithner, the treasury department participated in bank bailouts despite risky gambles that led to the subprime mortgage collapse. critics say that under giethner, there was no assurance that banks would use their money to lend to business and homeowners. "there was no reportability, no accountability, it was just, 'give me the money and i'll save us.'" "the one part of the stimulus that worked was the money to state and local governments that went to teachers, firefighters, city workers. if that hadn't happened, unemployment would've been significantly worse." there were more bailouts. geithner oversaw $182 billion to insurance and financial services giant aig, which gave millions in bonuses to top executives responsible for aig's financial mess from credit default swaps. the auto bailout of gm and chrysler - the ob
a new watchdog for wall street. president obama has nominated mary jo white the head of securities and exchange commission. white is a former prosecutor with a reputation for toughness. she will replace mary schapiro and must still be confirmed by the senate. timothy geithner spent his last day as secretary on friday, stepping down after a tumultuous four years in the financial system. president obama's chief of staff jack lew has been nominated to replace geithner. >>> every time you turn around the market seems to be setting a new five-year high. the dow jones industrial average rose this week thursday and up ten the last of 11 days, while the s&p 500 followed suit. the markets continued up on friday. the markets were happy about a battle that seems to be postponed now. the house extended the nation's borrowing limit until may 19th. the bill now heads to the senate where the vote is expected in the next few days. >>> mixed news on the earnings front to tell you about. apple had disappointment with the revenue miss and guidance feel short, mostly because of slower iphone sales. am
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